In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,856 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3208 GRAND AVE S MINNEAPOLIS MN 55408 | ANDREW SATHER | RESIDENTIAL | $459,100 | 42 ft |
| 3216 GRAND AVE S MINNEAPOLIS MN 55408 | BRIANNA RICE | RESIDENTIAL | $370,000 | 42 ft |
| 3204 GRAND AVE S MINNEAPOLIS MN 55408 | NATALIE L BURNELL | RESIDENTIAL-TWO UNIT | $392,700 | 84 ft |
| 3220 GRAND AVE S MINNEAPOLIS MN 55408 | JAMES D DODD/HELEN J DEFELD | TRIPLEX | $466,900 | 84 ft |
| 3200 GRAND AVE S MINNEAPOLIS MN 55408 | CARLA MARIE HOFLAND | RESIDENTIAL-TWO UNIT | $404,400 | 126 ft |
| 3224 GRAND AVE S MINNEAPOLIS MN 55408 | AFFORDABLE GREEN HOMES LLC | APARTMENT | $482,000 | 126 ft |
| 3213 HARRIET AVE MINNEAPOLIS MN 55408 | TIMOTHY J CROWE | RESIDENTIAL | $434,400 | 141 ft |
| 3217 HARRIET AVE MINNEAPOLIS MN 55408 | PATRICK MICHAEL ARMIJO | RESIDENTIAL | $424,200 | 147 ft |
| 3209 HARRIET AVE MINNEAPOLIS MN 55408 | SARINA J BREWER | RESIDENTIAL | $422,900 | 147 ft |
| 413 32ND ST W MINNEAPOLIS MN 55408 | MIKIHOMES LLC | RESIDENTIAL | $177,500 | 158 ft |
Most Recent Sale
Current Tax Year